MORTGAGE CALCULATOR

This mortgage calculator calculates Canadian monthly mortgage payments based on purchase price, interest and term. Canadian mortgages are compounded semi-annually.

Simply enter the number of years, interest rate, purchase price and down payment. Press "Calculate Payment Schedule" and you will get a complete schedule of your required down payment, mortgage principal, monthly payment, and what will still be owing at the end of the term.

 

Amortization (Years) =
Term (Years) =
Yearly Interest Rate (%) =
Purchase Price ($) =
Down Payment (%) =
Down Payment Required ($) =
Mortgage Amount ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =